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Panoramic Power and Connexx Energy Join to Deliver Energy Management System for REIT
Green Technology Featured Articles
February 06, 2014

Panoramic Power and Connexx Energy Join to Deliver Energy Management System for REIT

By Meenakshi Shankar
TMCnet Contributor

The need today is to have a cost effective and scalable energy management solution. Equally there is a demand for a system that will help companies to manage and report on energy usage in an effective way. REIT (Real Estate Investment Trust) has a great role to play in clean energy future. It has been investing in efficient energy, renewable energy, and other sustainable infrastructure projects. In order to have a better cost effective program, REIT will now adopt a combined solution of Panoramic Power and Connexx Energy.


Panoramic Power is a provider of device level energy management solutions, and Connexx Energy, a subsidiary of Lynxspring is a developer of open technologies for building automation and energy management solutions. The two companies signed an agreement to work together to deliver a complete, fully integrated energy and operational efficiency solution for REIT buildings.

As indicated, the two companies will work to combine Panoramic Power's innovative circuit level energy management solution with Connexx Energy's CONNEXXION energy data platform. This will help them to deliver complete energy interoperability, management and control, automatic demand response and actionable data and analytics into a single system that manages energy data across the building enterprise within a cyber-secured environment.

"Connexx Energy is committed to working-hand-in-hand with complementary technology providers in order to deliver cost effective and highly scalable energy management solutions," said Anno Scholten, president of Connexx Energy.

"Our goal is to offer our clients the most comprehensive technology needed to not only reduce and control energy consumption, but also to manage and report on energy usage in the most effective way. Our joint solution with Panoramic Power delivers REIT companies the first cost effective energy efficiency solution that easily integrates with other energy management solutions, allowing them to import all energy data through a single platform," added Scholten.

The combined solution will bring device level energy management technology, an energy data warehouse and analytics engine framework that streamlines the secure integration and creation of energy data and actionable insights into the corporate business intelligence layer.

Such a system will help REIT companies with device level energy visibility and actionable information to improve efficiencies and lower total cost of ownership, all from one integrated platform.

"The accuracy and quality of the data available from our joint solution is far superior to what has been available to REIT companies in the past. We are eliminating multiple, disparate energy solutions that organizations must manage by integrating all energy data into one dashboard," Yaniv Vardi, chief executive officer of Panoramic Power said in a statement. 




Edited by Ryan Sartor


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